6,028 Shares in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Acquired by Sebold Capital Management Inc.

Sebold Capital Management Inc. acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 6,028 shares of the exchange traded fund’s stock, valued at approximately $216,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Sterling Investment Management LLC purchased a new stake in First Trust Morningstar Dividend Leaders Index during the 4th quarter valued at approximately $208,000. CoreCap Advisors LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter valued at approximately $767,000. Kure Advisory LLC boosted its position in shares of First Trust Morningstar Dividend Leaders Index by 4.1% during the 4th quarter. Kure Advisory LLC now owns 90,099 shares of the exchange traded fund’s stock valued at $3,233,000 after acquiring an additional 3,521 shares during the last quarter. Cedar Brook Financial Partners LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter valued at approximately $215,000. Finally, Advisor Resource Council boosted its position in shares of First Trust Morningstar Dividend Leaders Index by 390.7% during the 4th quarter. Advisor Resource Council now owns 116,104 shares of the exchange traded fund’s stock valued at $4,166,000 after acquiring an additional 92,444 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Performance

NYSEARCA FDL opened at $38.19 on Thursday. The company has a market capitalization of $4.83 billion, a P/E ratio of 12.39 and a beta of 0.86. The stock has a 50 day moving average price of $36.67 and a 200-day moving average price of $35.11. First Trust Morningstar Dividend Leaders Index has a one year low of $31.47 and a one year high of $38.20.

First Trust Morningstar Dividend Leaders Index Company Profile

First Trust Morningstar Dividend Leaders Index Fund, seeks investment results that correspond generally to the price and yield of an equity index called the Morningstar Dividend Leaders Index (the Index). The Fund will invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the Index.